Hernando Beach Yacht Club Inc in Spring Hill, Florida (FL)

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Hernando Beach Yacht Club Inc
Employer Identification Number (EIN)591883734
Name of OrganizationHernando Beach Yacht Club Inc
AddressPO BOX 3213, Spring Hill, FL 34611-3213
ActivitiesOther sports club, Other recreational activities, Other social activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date06/1980
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$346,160
Amount of Income$91,805
Form 990 Revenue Amount$53,075


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Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$24,170
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$15,288
Membership dues and assessments$21,092
Investment income$113
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross loss from sales of inventory$-16,788
Gross sales of inventory, less returns and allowances$63,361
Less: cost of goods sold$80,149
Other revenue$4,465
Total expenses$21,205
Total net assets$241,885
Excess for the year$3,065
Net assets or fund balances at beginning of year$238,820
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$364,020
Total liabilities$122,135
Net assets or fund balances$241,885
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesYes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$11,282
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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